Adobe to acquire Macromedia for $3.4 billion
- updated 06:15 am EDT, Mon April 18, 2005
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by MacNN Staff
Adobe to buy Macromedia
"Customers are calling for integrated software solutions that enable them to create, manage and deliver a wide range of compelling content and applications -- from documents and images to audio and video," said Bruce Chizen, chief executive officer of Adobe. "By combining our powerful development, authoring and collaboration software -- along with the complementary functionality of PDF and Flash -- Adobe has the opportunity to bring this vision to life with an industry-defining technology platform."
Under the terms of the agreement, which has been approved by both boards of directors, Macromedia stockholders will receive, at a fixed exchange ratio, 0.69 shares of Adobe common stock for every share of Macromedia common stock in a tax-free exchange. Based on Adobe's and Macromedia's closing prices on Friday, April 15, 2005, this represents a price of $41.86 per share of Macromedia common stock. Upon the close of the transaction, Macromedia stockholders will own approximately 18 percent of the combined company on a pro forma basis.
In the combined company, Chizen will continue as chief executive officer and Shantanu Narayen will remain president and chief operating officer. Stephen Elop, president and chief executive officer of Macromedia, will join Adobe as president of worldwide field operations. Murray Demo will remain executive vice president and chief financial officer. Dr. John Warnock and Dr. Charles Geschke will remain as co-chairmen of the Board of Directors of the combined company and Rob Burgess, chairman of the Macromedia Board of Directors, will join the Adobe Board.
"Both Macromedia and Adobe are passionate about creating and enabling great experiences across a wide range of devices and operating systems," said Elop. "Our combined teams will be a powerful force for innovation around cutting-edge platforms for delivering content and applications."
"While we anticipate the integration team will identify opportunities for cost savings by the time the acquisition closes, the primary motivation for the two companies' joining is to continue to expand and grow our business into new markets," said Chizen.
The acquisition, which is expected to close in Fall 2005, is subject to customary closing conditions, including approval by the stockholders of both companies and regulatory approvals. The transaction will be accounted for under purchase accounting rules. Following approval, Adobe said it would begin a 12-month stock repurchase initiative worth $1 billion, which would further bring value to shareholders. Adobe also said the purchase of Macromedia, if approved, would neutral-to-slightly accretive for the first twelve months before the stock buy back.
The companies said that the new company would leverage the Adobe corporate brand but retain each of the Macromedia product brands. It said that the Macromedia's current San Francisco office would remain an in important and substantial location for the new company's operations, but it did expect some layoffs as parts of the businesses were consolidated. Touting the purchase a "growth play" (vs. pure consolidation within the industry), Adobe said it anticipated that the acquisition would allow the combined company to grow faster than both of the companies alone.
Adobe also expected that it would not encounter any regulatory issues, citing both open-source programs and CorelDraw--particlarly in the German market--as substantial competitors. Adobe also said the products offered by both companies were complimentary and offered a different set of tools for developers (Macromedia Studio) and designers (Adobe Creative Suite).
TOTAL_COMMENTS Comments
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Frogmella 04/18, 06:45am
Surely this is anti-competitive - their product portfolios overlap hugely?
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Bitnuke 04/18, 06:53am
Hey! this is a good chance to replace a dragon called illustrator with a rocket! Freehand rules!
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HeatherEcsedi 04/18, 06:53am
This is bad news. I hope Dreamweaver will stay - I don't quite see myself using Golive. Flash should be kept for sure. But I fear for FireWorks and to some extend FreeHand.
This is quite typical of Adobe : a huge company unable to come up with decent products (well, very often) so they have no other solution but to buy other companies and their products.
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nicomac 04/18, 06:58am
I don't know if this fusion is bad or good.
Surely bad for competition, but for the products ?
I hope that Director (that was quite the primary focus of Macromedia since Flash) will get a better treatment from Adobe since it's a VERY powerfull software.
Can you please Adobe, make the shockwave Director plugin far more widespread than now, and even adapt it on the linux platform ?
That will make sens to this acquisition and expand your presence in the multimedia area and your competence catalog.
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Zkatz007 04/18, 07:04am
Man, oh man. I really didn't see this coming. Macromedia was/is doing so well, coming out with products that are far more intuitive than Adobe. I am a web designer, and GoLive just doesn't cut it compared to Dreamweaver. But no matter who designs better software, their competition definitely created innovation between them. I hope there is some SEC sort of board to declare this anti-competitive. Adobe will have a stronghold on the market.
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dystopia 04/18, 07:22am
You know, if this had been posted two weeks ago, I would've sworn it was an April Fools joke. That said, all I can think is:
"nooooooooooo!"
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sfstlo 04/18, 07:25am
What this says to me is that GoLive is done for and Freehand is done for. What will they do with all of this stuff now that Tiger is ready to ship?????
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010111 04/18, 07:29am
finally! an end to the inane Macromedia-style timeline! everytime i use Flash i would hope and pray for an After Effects style timeline. (and LiveMotion was never a realistic Flash competitor)... though i doubt both Director *and* Flash would switch to AE style timelines as Director nerds would go mad as they love the timeline so much and like to make out with it and marry it or whatever.
i actually like Illustrator a lot more than Freehand. mostly because i never give Freehand a shot and the tools are a bit odd for a long time Illustrator user. a combining of the tools might be good though. that and Freehand on OS X was slower than dirt and crashtastic compared to Illustrator. at least the last time i tried. 10? pre-MX?
same goes for Dreamweaver/GoLive... our web people swear by Dreamweaver... but personally i like GoLive. i can't see killing one or the other off completely. nor keeping both around.
maybe Contribute will become the reincarnation of PageMill.
no idea what Director will become. i can't imagine them killing it off though. it still has a pretty big corporate / education presence does it not?
Fireworks makes zero sense to keep around.
all in all it seems sort of a good thing... sort of a bad thing. as i have no idea how they will end up combining/deleting redundant products and am somewhat concerned about the lack of *major* competitors to adobe after this.
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Simon 04/18, 07:33am
The company is a PITA. Can't Apple just buy the joint and be done with it?
While they're at it, they could drop the Win versions and ensure the Mac stays the platform for content creators.
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daveh 04/18, 07:49am
Macromedia got freehand when Adobe acquired Aldus - freehand was licensed to Aldus (then to Macromedia) by Altsys - the original creators of freehand. I would suspect that unless macromedia own freehand outright that ownership of freehand would revert to Altsys (if they still exist)
Can't see Adobe stopping Illustrator in favour of Freehand - just would not happen
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technohedz 04/18, 07:56am
Adobe will have to divest itself of one or the other products that match. There will probably be some company picking up the pieces somewhere. Both Macromedia and Adobe has 'mac' issues (coldfusion and competition from Apple for some of their products). Personally, I think freehand kills illustrator, but w/ indesign + illustrator they could possibly make freehand into some kind of 'pagemaker' app. Golive is for ease, Dreamweaver is for pros; although both are too similar to keep. Fireworks rocks. Remember the 'imageready' fiasco? Adobe isn't good w/ that type of stuff. Flash seems to be the major driving force behind this acquisition. Adobe has nothing there. As far as training is concerned, Macromedia trials and the help system kill anything Adobe has. I hope somehow this one gets blocked because AFAIC this is bad for me and competition.
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DougRay 04/18, 08:24am
Man, I go away for the weekend, and the the whole world turns upside down!
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buffalolee 04/18, 08:27am
monopoly
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jmelrose 04/18, 08:32am
I am almost positive that not too long ago this headline WAS an April Fool's joke on some website.
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Feeling_Macish 04/18, 08:33am
Adobe will have bought a company that owns Freehand. The first time was in the Clinton admin; this time, under Bush, there probably will be no concern over the monopolistic situation. Adobe will be given full blessing to do what they want. It is too late now for some other company to enter the fray with Freehand - it is going to die. Microsoft won't want it, Corel won't want it... hmmm, maybe Apple???
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Gabriel Morales 04/18, 08:37am
Well this can't be good!
I wonder why this was agreed upon. The competition between these two giants was healthy for both companies and consumers. Now we'll have a vacuum of competition in this area. Can and will anyone else step up to the plate now?
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hybrid 04/18, 08:42am
Just as Adobe sold off Freehand and Fontographer when it bought Aldus, i suspect they'll keep what makes sense to fold into their product portfolio (Flash, Director, some form of Dreamweaver) and then sell off the rest.
But is there another big enough player in that space who would want to scoop up those assets and start competing with the 800-lb. gorilla known as Adobe?
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JeffHarris 04/18, 09:04am
What a shock!
I use Freehand over Illustrator and wonder what will happen to it.
I'm sure the government won't give a damn about this new monopoly.
If there's a problem, Adobe should use some kind of christian mumbo jumbo to deflect criticism. Hey, if it works for Bush and some of the wackos in Congress (DeLay, Frist, etc.), why not.
After all, there's no such thing as evolution, either. This is a case of pure predation.
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cebritt 04/18, 09:14am
...combine Illustrator and Freehand and rename it Frustrator!
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83caddy16v 04/18, 09:29am
was Macromedia in some sort of financial trouble? poor cash flow?
I agree, a troublesome merger for creative individuals. A little less competition -- well, there really wasn't any major competition to Adobe other than Macromedia.
It will take a couple years for any software "synergies" to be realized. Remember the Dreamweaver, UltraDev and then Drumbeat2000 aquisition & evolution.
Hopefully elements of Fireworks can live on, GoLive can finally be put to rest, and if they finally kill off Director, they give Flash the ability to make cross platform, stand alone projetors (.exe files)
Adobe could never get a foothold in the web publication space, so this is their second chance to get it right.
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grovberg 04/18, 09:32am
at least this might put an end to the silly "flash paper"idea. In the end, it probably will ease things since the will combine functionality into one player for end users. Still, I'd hate to see fireworks go away. I always touted Fireworks as a cheap alternative to Photoshop with more functionality than Elements.
What I'm most concerned with is Macromedia Breeze and Flash Server. Enterprise level functionality is not something that Adobe seemed eager to pursue at all, so it worrys me.
Also, while it is posted on Adobe's website, I've not seen anything on this on any other sites (MacNN has been fooled before), though it's still early.
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illovich 04/18, 09:34am
Ok, here's my predictions:
Dreamweaver/GoLive: Come on, GoLive is done. Any merits aside (I hate DW MX 2004 for it's bugginess and instability), Dreamweaver has like 80% or greater marketshare with serious web designers.
Illustrator/Freehand: Again, merits aside... goodbye Freehand, although I expect it will be sold to another company.
Fontographer: Contrary to an earlier post, this is still owned by Macromedia. I wish adobe would update it (carbon? hello? OSX is like 5 years old now!), make it able to edit Opentype fonts, and generally make it modern again.
Unfortunately, I believe Adobe would rather people couldn't make their own fonts... call me crazy, but I get that feeling.
Director: Will continue as planned, perhaps receiving even less attention from Adobe.
Flash: No brainer--Flash is probably 50% of the reason Adobe bought MM in the first place (dreamweaver is the other). Flash will continue, now with Acrobat functionality! (goodbye Flashpaper)
Fireworks/Image Ready: ImageReady deserves a painful re-integration with Photoshop (I mean, come on... besides the timeline for making animated gifs, name one feature of imageReady missing in Photoshop)
I would love to see some of fireworks integrated into Photoshop, but I'm not holding my breath.
Cold Fusion: Hrrrrm. Hmmm. They'll sell it. Adobe has no clue what to do with enterprise/server software, and I suspect they know it.
Contribute: Essentially part of Dreamweaver. I expect this app to continue until people realize it's blogging software that charges (too much) per author with none of the hassle of the multiple benefits of using real blogging software.
Flex, Captivate, Authorware, RoboHelp (snicker), Central, Breeze: I could be wrong, but I think Adobe would have little interest in any of these applications... some of them (Flex, Captivate, Central & Breeze) I could see being spun off into a separate company owned by Adobe.
Authorware will probably be sold or killed. Robohelp will be sold, I am almost positive.
Flash ComServer/JRun: Hard to say (see ColdFusion). Perhaps the server applications will be spun off into yet another company, owned by Adobe. It seems dangerous to separate Flash and Flash ComServer development, so maybe not.
Web Publishing System: Does this product exist? Did anyone buy it?
So there's my predictions. =)
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budster101 04/18, 09:35am
This can't be happening... Macromedia's support for mac sucked as it was, and now it can only get worse.
If you thought MM was MS's B*****, then this will make that look like it was non-existent.
Curses.
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Imageman 04/18, 09:57am
I am reading lots of posts here talking about dreamweaver, freehand, flash, coldfusion.
People, Adobe creates amazing software. Adobe Photoshop WOW, did you see the updates to this app.
Golive and dreamweaver. I used to use dreamweaver, because it was the standard in web develeopment. Try the Golive CS Versions. Support for php, where the php is actually good, and the html and css. Dreamweaver can't even come close to proper code for this. Coldfusion is something they cont to push, I only hope Adobe trashes it.
And btw, the new golive cs 2, supports css even better.
There was a comment that talked about how Adobe is only good becuase they buy up companys. What do you think Macromedia has been doing. All of there software, is so buggie and pretty much useless on the mac. And on the windows side, its just to darn too slow to use.
Any how, Adobe can help those products become better. And I can only hope that all there products like the flash player, will be bug free or close to it.
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das7282 04/18, 10:04am
Can anyone see "monopoly" coming from a mile away?
I hope the trade commission (or what ever government body has to approve this merger) says, "Wait a Minute... Not so fast!"!
This is NOT good!
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toddjkelly 04/18, 10:12am
If you have never used ColdFusion, you have NO idea how amazing it is. Fast, powerful, feature-rich, and stable. I can code a website quickly and easily, hook it into Oracle data in seconds...LOVE IT.
I hope it either stays or is sold to someone who will continue to nurture its development.
TK
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morgan 04/18, 10:12am
This is scary to me. I love photoshop (who doesn't really), but I use fireworks more these days for quick mockups and comping, it's so intuitive and easy. ImageReady blows chunks IMO (as does golive - which I hopes GoesDead). I was a freehand nerd for years, and I still think it's the easier of the two, but I've started using illustrator more and more. But for me, Fireworks is like gold...
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apple4ever 04/18, 10:26am
so will they make flash suck less? (cause I don't think they could make it suck more...)
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lkrupp 04/18, 10:28am
Adobe has been moving away from the Mac platform in recent years. They have also recommended their customers move to the PC platform for best performance. I see this move as nothing but bad for the Mac platform.
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zubro 04/18, 10:55am
So I might stsrt to use Flash!
I always thought that Macromedia work-around was so un-easy/user friendly...
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hobnoble 04/18, 11:11am
If Adobe were forced to divest of Freehand for antitrust reasons, who has the size and syngeristic products to take Freehand on?
Quark.
Imagine Freehand as a companion product or its features folded into Quark Xpress.
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DavidRavenMoon 04/18, 11:39am
Macromedia has always been a two-bit company anyway. This is like the third time they were going out of business.
Hopefully Adobe will just go ahead kill off Freehand and Dreamweaver! ;)
Macromedia had become a very Windows oriented company over the past so many years.
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iomatic 04/18, 11:52am
As much as I love Macromedia products, their programs are always buggy -- I mean, always, have quirky, inconsistent interfaces, and the most close-minded (from SF of all places) design. I say, “hooray.” Adobe ain't no angel either, but at least they deliver consistency.
...
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DavidRavenMoon 04/18, 11:54am
I work for a busy NYC printer, and we never get Freehand files in. So for all you people who say you use it, I don't see it! Every vector file we get is in Illustrator format. About twice a year I see some Freehand Generated EPS files. So Adobe is not going to continue Freehand in favor of Illustrator. Maybe they will integrate some of FH's features, but for the most part AI is the more complete program anyway.
I think about the only good program from Macromedia is Flash. Personally I hate Dreamweaver, so I couldn't care less what they do with that! Windows uses love Macromedia stuff, probably because the interface is so bad!
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StonedRose 04/18, 11:56am
Adobe is going to s**** it all up.....again.
2 Cents.
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StonedRose 04/18, 11:57am
Macromedia.....
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Plaid_Asparagus 04/18, 11:58am
Maybe the folks from FreeHand can show the folks at Illustrator how to make their program work better with Photoshop. I never understood why FreeHand worked better with Photoshop than Illustrator. I guess Macromedia knows more about PostScript than Adobe who created it. My guess is that Adobe will take the best parts of FreeHand and make another stand alone program. Kind of like when they took away some of Illustrator's functionality and made InDesign.
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edtekker 04/18, 12:06pm
This doesn't sound good for education. Macromedia has a much better site licensing program for schools - for $500, you can license their whole multimedia suite for an entire school. For Adobe, that $500 gets you four licenses for one of their core products. Bummer.
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jwdsail 04/18, 12:23pm
That may save me some cash, if I knew which programs were going to be left to rot.. Here I am ready to upgrade some hardware and get the lastest Adobe and MM apps, and this happens.
I wonder how low sales will dip in the next few months while users wait and see what Adobe$oft is going to do. Hmm, when their stock drops 50% after they report earnings next qtr (costs of the aquistion and low sales due to us wait and sees) I may actually be able to afford to buy some Adobe stock.
Besides that, this sucks and blows.
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ADeweyan 04/18, 12:50pm
... to be losing what over the years has proven to be a very productive competition.
But at the same time, I'm excited at the prospect of Adobe updating the Dreamweaver interface to be a little less maddening.
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Joyce Croker 04/18, 01:08pm
As a web master and instructor who teaches a web design class using Fireworks and Dreamweaver, this is not exactly delightful news! While I use both Adobe and Macromedia products, Macromedia rules for web stuff! GoLive has a great interface, but I don't like the way it builds code. I love Freehand for its speed!
Ay yi yi!
;-0
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Maanwi 04/18, 01:46pm
The people who posted that Adobe is a monopoly - what are you talking about? The last time I checked, there were other illustration and web authoring programs out there... Stone Studio, Canvas, etc. - h***, even QuarkXpress has a great WYSIWYG web tool. Competition exists, albeit lame, so there is no monopoly.
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Mediaman_12 04/18, 04:18pm
Dreamwever isn't going to go anywhere, just about everybody who does HTML coding uses it. Adobe would have to be real arrogant to roll it in to GoLive, a wholesale change to a 'Golive' style interface and workflow would just alienate it's large userbase. They could incorporate all the good parts in to it though, the Photoshop 'integration' is very cool, and the multiple 'site map' files always struck me as a better idea than DW's monolithic single combined site library.
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Xiaopangzi 04/18, 11:09pm
Imageman obviously hasn't used Dreamweaver for a while. I went the opposite direction, starting with Adobe Pagemill, moving to GoLive when it was by Cyberstudio, and then switching to Dreamweaver in the end. The latest two versions of Dreamweaver have created very clean optimized XHTML, while GoLive is stuck in the non-CSS HTML era with so much extraneous code that it is incomprehensible to the naked eye and produces pages that look different on every different machine.
I may also be similarly outdated in my assessment if Adobe has cleaned up its act since then, because I haven't bothered to use the latest version of GoLive despite owning it.
In short, Dreamweaver produces W3C-compliant code, whereas the last version of GoLive that I've ever used produced code that looked like the source code of some software application rather than (X)HTML or of some JPEG image in a wordprocessor.
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aer 04/19, 01:04am
Bill Gates will just buy Avid, there will be ten huge American corporations: Mc Donalds Microsoft Wal-Mart The Republican Party Exxon Kraft Philip Morris Monsanto Ford Motors The Catholic Church NASCAR
Isn't this great for competition? Wow.. I love consolidation.
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bigpoppa206 04/19, 01:44am
Gotta agree with Xiaopangzi, Dreamweaver produces VERY clean code as compared to Golive.
Maybe they'll keep the 2 products separate...at least for a while.
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aglzen 04/19, 03:31am
I guess i'm one of the few who doesn't see this as the monster in the closet, perhaps because I'm rather ambivalent about what apps I use, as long as they _work_. That said, here's my predictions in 2 cents or less:
SVG is dead. Dead like .gimp files aren't a real format. Against an swf/pdf type format, SVG isn't mature or flexible enough to survive Macrodobe may actually ship a version of Flash that's relatively less buggy, and doesn't crash every 10 minutes. As has been mentioned, goodbye Fireworks, Golive, Imageready, and freehand. For the most part, good riddance. Actionscript. My jury's still out on this one. I'd like to say that AS will still advance as a language, but we'll see. Adobe definetly doesn't have strength in code. Real drop shadows in flash. Look for this to be everywhere on the web for six months after the combined version of flash is released Flash .fla importing into Photoshop. Thank god. Both flash and photoshop will continue to lack even a basic spellchecker. I'd love to see integrated workflows between Flash and PS, but time will tell if this is a reality. How Flash and Illustrator mesh also remains to be seen UI: Adobe. Adobe apps are consistenly more polished and usable. Those factions (should) win in case of an application merger. Rise of video. GoLive+Flash+Mobile devices. See other random bobbleheads for rambling on this topic Scriptable macromedia apps. This will be a big boon, should it happen, and should it not be overshadowed by Automator on Mac OS 10.4
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aglzen 04/19, 03:47am
Once more, with feeling, and without a bulleted list:
I guess i'm one of the few who doesn't see this as the monster in the closet, perhaps because I'm rather ambivalent about what apps I use, as long as they _work_. That said, here's my predictions in 2 cents or less:
SVG is dead. Dead like .gimp files aren't a real format. Against an swf/pdf type format, SVG isn't mature or flexible enough to survive.
Macrodobe may actually ship a version of Flash or Dreamweaver that's relatively less buggy, and doesn't crash every 10 minutes.
As has been mentioned, goodbye Fireworks, Golive, Imageready, and Freehand. For the most part, good riddance.
Actionscript. My jury's still out on this one. I'd like to say that AS will still advance as a language, but we'll see. Adobe definetly doesn't have strength in code.
Real drop shadows in flash. Look for this to be everywhere on the web for six months after the combined version of flash is released.
Flash .fla importing into Photoshop. Thank god.
Both flash and photoshop will continue to lack even a basic spellchecker.
I'd love to see integrated workflows between Flash and PS, but time will tell if this is a reality.
How Flash and Illustrator mesh also remains to be seen.
UI: Adobe. Adobe apps are consistenly more polished and usable. Those factions (should) win in case of an application merger.
Rise of video. GoLive+Flash+Mobile devices. See other random bobbleheads for rambling on this topic.
Scriptable macromedia apps. This will be a big boon, should it happen, and should it not be overshadowed by Automator on MacOS 10.4.
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mamamia 04/19, 08:24am
Why shouldn't apple buy adobe now? They have the cash for it. In one stroke, they would own the entire creative software portfolio, and could leverage the the vertical monopoly into a very powerful position. Am i missing something?
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ticedric 04/19, 09:08am
I'd love for adobe to bring out a "flash" in adobe...live motion X...
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Feeling_Macish 04/19, 09:28am
Funny how the "M" word as pertains to Adobe's success is a negative and as pertains to Apple's is a positive around here.
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Imageman 04/19, 09:44am
Imageman obviously hasn't used Dreamweaver for a while. I went the opposite direction, starting with Adobe Pagemill, moving to GoLive when it was by Cyberstudio, and then switching to Dreamweaver in the end. The latest two versions of Dreamweaver have created very clean optimized XHTML, while GoLive is stuck in the non-CSS HTML era with so much extraneous code that it is incomprehensible to the naked eye and produces pages that look different on every different machine.
It sounds like someone likes using a buggie application, and seems to forget how often macromedia apps crash. I used Dreamweaver everday for years, up in till the point when working on a major project and the dam thing crashed without noticed, where I lost everything I was working on. The css in dreamweaver is so slow, its in a menu formate, in Golive you see your styles in a window of its own. When you rollover the name of a css tag, it shows you the look. Its way better and easer to use.
And the code, don't even get me going. I tested a site using dreamweaver and golive. The dreamweaver code, made the page look completly wrong in most browsers. While testing the other page with golive, the pages where bang on. And try writing PHP code in dreamweaver, it completly sucks. Go out and try Golive CS, and use it everday for a week, and you will quickly see how amazing it really is.
And When I started building web sites, I used PageMill, then Golive, Cyber Studios, then I jumped over to Drumbeat, then Dreamweaver. And stayed up untill it crashed way to many times. And when I lost hours and hours of work. Now don't get me wrong, Golive from time to time seems to be slow, but not to the point of it crashing all the time. I can't remeber when thr app crashed. Golive is way better, and it can only get better. I hope they grab something from dreamweaver and bring it over to Golive.
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gardner-san 04/19, 04:43pm
Reasons to look forward to the Adobe buyout:
http://www.nealgardner.com/2005/04/adobe-to-acquire-macromedia-for-34.html
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benhur 04/25, 12:23pm
Well, I'm not sure how this will fall out either. Especially for the Mac platform. I would like to see Coldfusion for Mac and smart object in Dreamweaver would be awesome.
Someone mentioned this is a bad deal for education. This is true, Macromedia had a great educational licensing program.
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keid 05/16, 10:52am
Hi, I have seen some posts of whether or not the FTC would block the deal. Even though I saw somebody saying that we have a lot of competition like Canvas and others, the answer will only come if the market share for each product they have in overlap are known... So, does somebody know here what are the mkt shares for the following products? Illustrator - Freehand Dreamweaver - GoLive Fireworks - Photoshop I am poor shareholder of Macromedia having a hard time to figure this out... any info abt association or where I can find some data will be really helpful Thanks a lot
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Apple employees testing wheelchair features
New features included in the forthcoming watchOS 3 are being tested by Apple retail store employees, including a new activity-tracking feature that has been designed with wheelchair users in mind. The move is slightly unusual in that, while retail employees have previously been used to test pre-release versions of OS X and iOS, this marks the first time they've been included in the otherwise developer-only watchOS betas. The company is said to have gone to great lengths to modify the activity tracker for wheelchair users, including changing the "time to stand" notification to "time to roll" and including two wheelchair-centric workout apps. http://bit.ly/2955JDa

SanDisk reveals two 256GB microSDXC cards
SanDisk has introduced two 256GB microSDXC cards. Arriving in August for $150, the Ultra microSDXC UHS-I Premium Edition card offers transfer speeds of up to 95MB/s for reading data. The Extreme microSDXC UHS-I card can read at a fast 100MB/s and write at up to 90MB/s, and will be shipping sometime in the fourth quarter for $200. http://bit.ly/294Q1If

Apple's third-quarter results due July 26
Apple has advised it will be issuing its third-quarter results on July 26, with a conference call to answer investor and analyst queries about the earnings set to take place later that day. The stream of the call will go live at 2pm PT (5pm ET) via Apple's investor site, with the results themselves expected to be released roughly 30 minutes before the call commences. Apple's guidance for the quarter put revenue at between $41 billion and $43 billion. http://apple.co/1oi1Pbm

Twitter stickers slowly roll out to users
Twitter has introduced "stickers," allowing users to add extra graphical elements to their photos before uploading them to the micro-blogging service. A library of hundreds of accessories, props, and emoji will be available to use as stickers, which can be resized, rotated, and placed anywhere on the photograph. Images with stickers will also become searchable with viewers able to select a sticker to see how others use the same graphic in their own posts. Twitter advises stickers will be rolling out to users over the next few weeks, and will work on both the mobile apps and through the browser. http://bit.ly/29bbwUE

yikes600 04/18, 06:22am
:eek: